Real Estate Stats

The Washington State legislature is changing the way real estate excise taxes are calculated. Currently the WA state rate is 1.28 percent, with most cities adding .50 percent for a total of 1.78 percent. The new formula will take effect Jan 1, 2020.

Home Prices on Seattle’s Eastside have risen slightly from September of 2018. Seattle’s prices have decreased slightly year over year. The month’s supply of home inventory has dropped from September of 2018, still showing a seller’s market.

I always enjoy sharing positive and encouraging news about real estate. A leading expert in the field, Steve Harney, authors a popular monthly report called Keeping Current Matters, and just published this interesting data on homeownership. You hear so much about how good of a seller's market we have right now, it's good to see […]

Last week the National Association of Realtors, of which I’m a member, gave us some news that lifted us out of despair about a potential “fiscal cliff.” At a national conference in Orlando, chief economist Lawrence Yun, shared his forecast that the housing market uptrend should continue through 2014. He said that the housing market […]